| |
Glossary
of Terms
Electronic Data Interchange
(EDI) - The platform on which buyers and sellers exchange
business critical documents such as Purchase Orders and Invoices
electronically. Most commonly associated with traditional X12
formats and protocols.
EDI Translator - Computer program or set of
programs that transform data from EDI formats to another.
EDI-to-Fax - A service performed by a third
party that will process EDI formatted data and forward paper
formatted versions of the documents to a designated fax machine.
eBusiness - The process of doing business electronically.
Electronic Commerce (e-commerce) - End-to-end,
paperless business environment that integrates electronic transfer
and automated business systems.
EDIFACT - EDI For Administration, Commerce
and Transportation, an international standard for inter-industry
electronic interchange of business transactions.
Electronic Funds Transfer (EFT) - Transfer
of money initiated through electronic terminal, automated teller
machine, computer, telephone, or magnetic tape. When this occurs,
a Payment Remittance is generally transmitted to the receiving
party as a statement associated with the payment.
eMarketplace - A Web site where goods and services
are bought and sold over the Internet. Encryption- Special coding
process to make files inaccessible to unauthorized users. This
process transforms clear text (data in its original form) into
cipher text (encryption output of a cryptographic algorithm)
for security or privacy. A password or private key is needed
to decrypt the file for use.
|
|
|
